苯乙烯：现货流动性释放，偏弱震荡

Report Summary 1. Report Industry Investment Rating No information provided. 2. Core View of the Report - The styrene market is in a pattern of high production, high profit, and high inventory, and short - position allocation is the main strategy. The port inventory of styrene is in the stage of accelerated accumulation. The downstream of pure benzene is gradually resuming production, and the industry is entering the inventory replenishment stage. The short - term market has support at 5600 - 5700. Attention should be paid to positions for compressing styrene profits [2]. 3. Summary by Relevant Catalogs 3.1 Fundamental Tracking - Styrene futures prices: The price of styrene 2507 was 7,460, down 138 from the previous day; styrene 2508 was 7,478, up 62; styrene 2509 was 7,367, up 51. - Spread data: EB - BZ was 1315, up 25; EB07 - EB08 was - 18, down 200; EB08 - EB09 was 111, up 11. - Profit data: Non - integrated profit was - 143, down 12; integrated profit was 689, down 67. - Contract price data: N + 1 contract was 7460, down 20; N + 2 contract was 7390, up 20 [1]. 3.2 Trend Intensity - The trend intensity of styrene is - 1, indicating a bearish view. The range of trend intensity is [-2, 2], with - 2 being the most bearish and 2 being the most bullish [1]. 3.3 Spot News - The supply and demand of pure benzene are both increasing, while the supply of styrene is increasing and the demand is decreasing. The market is mainly focused on compressing profits in the short term. The short - term market has support at 5600 - 5700 [2].